8, WOODBANK DRIVE, NOTTINGHAM, NG8 2QU - £290,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

8 WOODBANK DRIVE is a midsized extended semi-detached house of 96m², built sometime between 1967 and 1975, which could now be worth an estimated £420,689. It was last sold for £290,000 in May 2019, which was around 91% above the average May 2019 semi-detached price in the City of Nottingham local authority area. The most recent EPC inspection was November 2015, where the current energy rating was D, and the potential energy rating was B.

8 WOODBANK DRIVE Sold Prices

Land registry data shows three sales for 8 WOODBANK DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the City of Nottingham local authority area for the corresponding sale date. Two of the three 8 WOODBANK DRIVE sales were for above the average price, whilst one was for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2019 3 MAY	£290,000	£151,845	91% above HPI
2015 17 DEC	£115,000	£124,469	8% below HPI
1996 8 JAN	£69,000	£38,834	78% above HPI

8 WOODBANK DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the City of Nottingham local authority area over time, sourced from the HPI. The three 8 WOODBANK DRIVE sales between January 1996 and May 2019 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the December 2015 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the May 2019 sale, where it rises to 91% above the HPI. The line then continues to track at 91% above the HPI.

What might 8 WOODBANK DRIVE be worth now?

8 WOODBANK DRIVE might now be worth an estimated £420,689.

This is based on house price inflation of 45.1%, between May 2019 and July 2025, for semi-detached houses, in the City of Nottingham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 45.1% inflationary increase is applied to the most recent sale price for 8 WOODBANK DRIVE of £290,000 on 3rd May 2019. For the value to have increased from £290,000 to £420,689 over the five years and ten months to July 2025, the following assumptions must hold true:

• The value of 8 WOODBANK DRIVE has moved in line with the HPI for semi-detached houses in the City of Nottingham local authority area.
• The May 2019 sale price of £290,000 represented a fair market value for the property.
• The size, condition, and specification of 8 WOODBANK DRIVE has not materially changed since May 2019.

How Large is 8 WOODBANK DRIVE?

8 WOODBANK DRIVE is 96m², which includes one extension, according to the EPC inspection conducted in November 2015. This puts it in the smallest 50% of semi-detached houses houses in Nottingham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Nottingham, and where 8 WOODBANK DRIVE lies on this distribution: 42% of semi-detached houses houses are smaller than 8 WOODBANK DRIVE, and 57% of houses are larger. Note that EPC data is not available for all properties in Nottingham.

8 WOODBANK DRIVE: Plot and Title Map

8 WOODBANK DRIVE sits on a plot of roughly 0.068 of an acre, or 274m². The below map shows the location of 8 WOODBANK DRIVE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 8 WOODBANK DRIVE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 8 WOODBANK DRIVE?

8 WOODBANK DRIVE is located in NOTTINGHAM, in the NG8 postcode district. The below map shows the position of No. 8 on WOODBANK DRIVE.